CRONIN MICHAEL 4

4 · SPECTRALINK CORP · Filed Aug 26, 2003

Form 4

Period: 2003-08-22

Vice President of Sales & Mktg

Transactions

Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-08-22−2,874→ 19,919 total
Exercise: $10.19From: 2002-02-20Exp: 2011-02-20→ Common Stock (2,874 underlying)
Award
Common Stock
2003-08-22$10.19/sh+2,874$29,279→ 5,151 total
Award
Common Stock
2003-08-22$9.13/sh+1,428$13,031→ 2,277 total
Exercise/Conversion
Incentive Stock Option (right to buy)
2003-08-22−849→ 4,957 total
Exercise: $9.13From: 2002-01-19Exp: 2008-01-19→ Common Stock (849 underlying)
Award
Common Stock
2003-08-22$9.13/sh+849$7,747→ 849 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-08-22−1,428→ 2,856 total
Exercise: $9.13From: 2001-01-19Exp: 2008-01-19→ Common Stock (1,428 underlying)

Footnotes (2)

[F1]Date exercisable reflects first date on which any options become exercisable. Unless otherwise limited by rules governing incentive stock options, options granted become exercisable at a rate of 25% after 12 months from the date of grant and ratably per month thereafter, conditioned upon continued employment. Full vesting occurs 48 months from the date of grant.
[F2]Due to limitations imposed under rules governing incentive stock options, initial vesting of this option commenced January, 2002.

Documents

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